Category: Investment
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Maryland on the Map: What Officials Finally Admitted to the General Assembly
Maryland officials told lawmakers the MJC loses money throughout the year, MEDCO financed the Preakness IP with a $97 million unrated loan, and the Stadium Authority does not intend to seek additional state funding.
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The Coalition Maryland Hasn’t Called Yet
A new track is being built in Florida’s horse country by serious people with serious money — fighting the same structural battle Maryland is fighting. Maryland should be on the phone. While Maryland’s Racing Commission held its August meeting largely in silence and the Governor’s office has yet to announce a single coalition partner for…
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The Money Runs Out: Inside LIV Golf’s Fight to Survive
Saudi Arabia’s PIF is pulling back, LIV Golf is canceling events, vendors are demanding payment and a mystery investor is being asked to keep the league alive. After four years of spending billions to disrupt professional golf, LIV is about to find out whether it can survive as an actual business.
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Why FIFA Really Passed Over Baltimore — And Whether the City Has Caught Up
Baltimore’s bid to host the World Cup in 2026 faced rejection in 2022, attributed to factors like inadequate transit and hotel capacity. Four years later, crime rates have significantly decreased, but hotel inventory has worsened. While transit improvements are planned, the city must address hotel shortages to strengthen future bids for international events.
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If the Preakness Bet Fails, What’s Maryland’s Plan B?
Maryland’s $400 million investment in Pimlico aims to preserve the Preakness but lacks a broader strategic vision for sports. While other events like the CIAA Tournament and Maryland Cycling Classic show economic potential, Maryland should develop diverse sporting identities, including lacrosse and sailing, to enhance its public profile and economy.
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Carmelo Anthony Joins Baltimore Soccer Stadium Project — Big Vision or Big Risk?
Carmelo Anthony’s involvement in a proposed soccer stadium project in Baltimore has sparked interest, but concerns remain about taxpayer funding and past development failures. While supporters argue it could boost the local economy and community, critics caution against overstated benefits. The project’s viability hinges on private investment and minimal public risk.
